Open Banking and PSD2 will Push Innovation

The EU directive PSD2(Payment Service Directive 2) are made so that payments and security of consumers can be taken to the next level. To allow for this to happen the PSD2 makes it easier for small startups and other that wants to create applications to connect to existing infrastructure of banks.

3 Major Trends Driving Banking in the Near Future

A long decade after the global banking crisis, the banking industry has started to evolve to be customer-oriented and digitally driven. With technology, banks are now more capable of bringing...

Strong Customer Authentication (SCA) Under PSD2

The concept of open banking lies in the co-existence of banks and emerging Fintech firms. Together, they could bring about new possibilities for creating a customer-centric financial ecosystem....

Artificial Intelligence and its Adoption

Artificial Intelligence has begun to transform how work is done, how decisions are taken and now chatbots and assistants drive interactions. With wider adoption of the technology as we move forward, the story of how the technology brings changes across industries,...

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Can Blockchain Regulate the Remittance Pay Market?

With industry globalization, it became easy for people to find work outside of their homelands. Especially in the developing countries, where it is difficult to find work and earn a decent income to meet the daily expenses, industry globalization was a game changer....

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Fintech Regulatory Sandbox Explained

The current economic environment is highly competitive and fast changing. Fintech or financial technology has massive potential to innovate the environment and enable the development of new products and services. While innovation is poised to bring new business...

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Top 5 Technology Trends for 2019

If we take a step back in the 1990s, businesses then thought technology was nothing more just a hindrance; in the 2020 era, technology is redefining each and every sector. Technology has become a vital part of day-to-day life as now they are built based on needs and...

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DAO Attack Explained

Ethereum is a network of computers running Ethereum blockchain to exchange a token of value called ether. Ethereum blockchain also allows users to build and place smart contracts – a self-executing contract containing the agreement between buyer and seller. Another...

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A Beginners Guide to Artificial Intelligence

The 1980’s was the ‘unplugged era’ where we didn’t have any connected devices. The devices were analog. A few years passed, internet reared its head, and computers became connected. Then came the mobile era, everything became connected and an alliance between humans...

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